Top 3 Crypto-Backed Stocks That Skyrocketed in January's Rally

January saw a significant rally in the cryptocurrency market, and several crypto-backed stocks benefitted tremendously. Investors are eager to capitalize on this momentum, seeking companies that directly or indirectly benefit from the rising tide of digital assets.

Riding the Crypto Wave: Stocks to Watch

While individual cryptocurrencies like Solana, Polkadot, and Hyperliquid (The top three altcoins to buy for quick gains in January – Solana, Polkadot, and Hyperliquid – each offer unique opportunities driven by innovative technologies and strong communities) saw impressive gains, the impact extended beyond the coins themselves. Publicly traded companies with ties to the crypto ecosystem also experienced substantial surges in their stock prices.

The crypto market rally is boosting stocks like MicroStrategy, Coinbase, Robinhood, Nvidia, and Marathon Digital. Each company offers different ways to invest in crypto through stocks rather than directly holding the digital assets. Here are three notable crypto-related stocks that outperformed in January:

1. Coinbase Global (NASDAQ: COIN)

Here are three of the best crypto-related stocks to consider. 1. Coinbase Global (NASDAQ: COIN) is one of the largest and most trusted cryptocurrency trading platforms. As crypto trading volumes increased in January, Coinbase's revenue potential also soared. The stock's strong performance reflects investor confidence in Coinbase's role as a leading exchange.

2. MicroStrategy (NASDAQ: MSTR)

MicroStrategy is a business intelligence company famous for its significant Bitcoin holdings. Its stock price is closely correlated with Bitcoin's price. In January's rally, MicroStrategy shares mirrored Bitcoin's impressive gains, making it a popular choice for investors seeking indirect exposure to crypto.

3. Visa Inc. (NYSE: V)

While not a pure-play crypto stock, Visa's increasing involvement in the digital asset space makes it relevant. Hace 4 días 3 Crypto-Centric Stocks With Upside Visa Inc. Visa is taking a significant step toward modernizing cross-border money movement.In a move aimed at enhancing the efficiency of cross-border payments and exploring blockchain technologies, Visa is positioning itself to capitalize on the growing adoption of crypto. This foresight contributed to its positive stock performance in January.

[ Ap ] China’s tariff response may mean more capital flight to crypto: Hayes Bitcoin [ Ap ] All Short-Term Bitcoin Holders Are Now Underwater: The positive movement in these stocks highlighted the connection between the broader cryptocurrency market and publicly traded companies. With the first month of 2025 beginning, most assets in the cryptocurrency sector are entering the new year with renewed optimism, recording price increases across the board.

Disclaimer: This is not financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.